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Arab Bank Group 2010 net plunges 53pcArab Bank Group, one of the leading financial groups in the Middle East, has posted a 53 per cent drop in its 2010 net profit. The net profit touched $251 million after it set aside hefty provisions for bad loans for a second consecut More… |
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Global eyes Jordan, Egypt, USGlobal Investment House, Kuwait's biggest investment bank by market value, said it would almost triple its stake in Jordan's Union Bank and enter Saudi Arabia this year as it expands abroad. Global, which has about 2.4 billion dinars ($8.5 More… |
